On June 22, Huaqin Rubber Industry Group and Qingdao Port International Logistics Co., Ltd. held a signing ceremony for the strategic cooperation agreement in Qingdao, Shandong.

According to the cooperation agreement, Lutong Tire, a subsidiary of Huaqin Group, will provide supporting services for 100,000 vehicles in Qingdao Port Group Co., Ltd.

At the same time, Qingdao Port Group will provide a series of full-service services for Lutong tire import and export business by virtue of its special position in the industrial chain.

Zheng Minghui, Chairman of Qingdao Port Group, Chen Fuxiang, Secretary of Qinggang International Board of Directors, Li Wucheng, General Manager of Qingdao Port International Logistics Co., Ltd., Deputy General Manager Leng Bing, Chairman of China Huaneng Group Niu Teng, Sales Director Niu Fei and others attended the signing ceremony.

Niuteng said that in the field of logistics and transportation, Huaqin Group and Qingdao Port share a common philosophy and pursuit.

He said: "The cooperation between the two sides is a win-win situation of sharing resources, complementing each other's strengths and strengthening cooperation."

Qingdao Port International Logistics Co., Ltd. has a registered capital of 245 million yuan and is a wholly-owned subsidiary of Qingdao Port Group.

Founded in 1989, Huaqin Group is a leading manufacturer of high-performance tires and high-end engineering rubber. It has established joint ventures with many Fortune 500 companies such as Pirelli, Continental, and Bekaert in Belgium.

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